The Chugoku Bank, Ltd.
Underwriting of SDGs Private Placement Bonds “Advertising PR Type” (Ishitoyo Co., Ltd.)
The Chugoku Bank (1-15-20 Marunouchi, Kita-ku, Okayama City, President: Sadanori Kato) supports companies that contribute to the local community through the issuance of private placement bonds. On October 14th (Friday), Ishitoyo Co., Ltd. will underwrite and act as a financial agent for “SDGs Private Placement Bonds “Advertising PR Type””, and part of the fee will be used to support the issuing company’s efforts regarding SDGs. We will post an advertisement for [Image 1
October 14, 2020
Bank of China
About the underwriting of SDGs private placement bonds “advertisement PR type”
The Chugoku Bank (1-15-20 Marunouchi, Kita-ku, Okayama City, President: Sadanori Kato) supports companies that contribute to the local community through the issuance of private placement bonds. On October 14th (Friday), Ishitoyo Co., Ltd. will underwrite and act as a financial agent for “SDGs Private Placement Bonds “Advertising PR Type””, and part of the fee will be used to support the issuing company’s efforts regarding SDGs. We will post an advertisement for [Image 2
*“SDGs Private Placement Bonds “Advertising PR Type””
A private placement bond that publishes an advertisement about the issuing company’s SDGs initiatives in the Sanyo Shimbun for the purpose of supporting the issuing company’s efforts for SDGs through advertisement placement.
[Summary of issuing companies and private placement bonds]
Issue name: Ishitoyo Co., Ltd. 1st Unsecured Bonds (limited to the bank’s guaranteed and qualified institutional investors)
Location: 2-1-3 Kadota Honcho, Naka-ku, Okayama City, Okayama Prefecture Representative: Koji Yunoki
Type of business: Tombstone sales business
Sales: 352 million yen (fiscal year ending January 2022)
Issue amount: 60 million yen
Issue date: October 14, 2020 (Friday)
Issue period: 5 years
Repayment method: Scheduled redemption (repayment in half-year installments) Use of funds: Capital investment
Comment: Since its founding in 1927, Ishitoyo Co., Ltd. has been making graves that put customer satisfaction first. We are planning to start a sports club and fitness business in May 2023. Supporting second careers by actively hiring athletes, using that knowledge to take on the challenge of gymnastics classes, stretching guidance and recovery care to prevent injuries, and programs to support people’s health and beauty, and through initiatives related to SDGs. We will strive to contribute to the local community.
that’s all
Details about this release:
https://prtimes.jp/main/html/rd/p/000000259.000068743.html